Insurance

The next recruit/retain perk? Free health insurance

05/17/2022

With cutthroat competition among employers to attract new employees and keep current staff from defecting, a once-unthinkable benefit is beginning to emerge: health insurance that is truly employer-provided.

Survey: Employers address health care affordability

05/03/2022

Almost all U.S. employers—94%—say managing health care benefit costs will be their top priority over the next two years, followed by enhancing mental health benefits (87%), according to a new survey by Willis Towers Watson.

Inflation effect: HSA contribution limits to increase in 2023

05/03/2022

The IRS has announced a significant jump in the amount employees can contribute to health savings accounts that are tied to high-deductible health plans. It’s tacit recognition from the federal government that the inflation that has rocked the economy will probably continue well into 2023.

Out-of-pocket health-care costs higher for women

03/08/2022

Employees in companies with workforces that are at least 65% female have to pay far higher health-insurance deductibles and out-of-pocket maximums than workers at male-dominated organizations.

Consider adding fertility-care coverage to health benefits

02/15/2022

In the battle to beat the labor shortage, some employers are enhancing their benefits portfolios. One newly popular offering that appeals to both recruits and current employees: fertility benefits.

Prepare for health-cost inflation, but not this year

02/08/2022

With inflation running at a 40-year high, it’s only a matter of time before higher costs start creeping into the health-care market. The Mercer consulting firm urges employers to start preparing to pay more to keep employees healthy.

Consider adding these 5 well-being benefits

02/01/2022

It’s time for employers to address the toll the pandemic is taking. As you weigh benefits to offer next open season, think about ways to help employees achieve better financial, physical, mental and emotional well-being.

Health benefits cost more in ’21, outlook uncertain for ’22

12/22/2021

The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees resumed care after avoiding it last year due to the pandemic, according to Mercer’s 2021 National Survey of Employer-Sponsored Health Plans.

Average family health premiums rose 4% this year

11/16/2021

Annual family premiums for employer-sponsored health insurance rose 4% to average $22,221 this year, according to the 2021 Kaiser Family Foundation Employer Health Benefits Survey, released Nov. 10.

HSA distributions hit an all-time low last year

10/28/2021

The cause: the pandemic, of course.